Altshuler Shaham Ltd Sells 27 Shares of Fair Isaac Co. (NYSE:FICO)

Altshuler Shaham Ltd trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 31.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 59 shares of the technology company’s stock after selling 27 shares during the quarter. Altshuler Shaham Ltd’s holdings in Fair Isaac were worth $69,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. boosted its position in shares of Fair Isaac by 28.1% during the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after acquiring an additional 9 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of Fair Isaac by 0.3% during the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock worth $2,963,000 after acquiring an additional 11 shares during the last quarter. KB Financial Partners LLC boosted its position in shares of Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after acquiring an additional 11 shares during the last quarter. Lincoln National Corp boosted its position in shares of Fair Isaac by 2.8% during the fourth quarter. Lincoln National Corp now owns 399 shares of the technology company’s stock worth $464,000 after acquiring an additional 11 shares during the last quarter. Finally, Huntington National Bank raised its stake in Fair Isaac by 14.3% during the third quarter. Huntington National Bank now owns 96 shares of the technology company’s stock valued at $83,000 after purchasing an additional 12 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now directly owns 20,638 shares in the company, valued at approximately $25,300,743.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last ninety days, insiders have sold 24,000 shares of company stock worth $29,011,120. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Stock Performance

Fair Isaac stock traded up $35.34 during midday trading on Thursday, hitting $1,286.78. 200,871 shares of the company’s stock were exchanged, compared to its average volume of 175,232. Fair Isaac Co. has a 12 month low of $739.61 and a 12 month high of $1,349.75. The company has a market cap of $31.80 billion, a PE ratio of 65.60, a P/E/G ratio of 3.21 and a beta of 1.24. The firm has a 50-day moving average of $1,223.96 and a two-hundred day moving average of $1,166.87.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on FICO shares. Barclays upped their price target on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Royal Bank of Canada reissued a “sector perform” rating and issued a $1,350.00 target price on shares of Fair Isaac in a research note on Friday, January 26th. Redburn Atlantic initiated coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price on the stock. Jefferies Financial Group increased their target price on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a research note on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,224.40.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.